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Premium Joint Venture Opportunity on Awolowo Road, Ikoyi
2,966 SQM Dual C of O Title ₦2M/SQM Land Value Prime Commercial/Residential Development
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Property Overview
- Location: Awolowo Road, Southwest Ikoyi, Lagos
- Land Size: 2,966 SQM
- Land Value: ₦2,000,000 per SQM
- Total Land Value: ₦5,932,000,000
- Title: Federal Government C of O & Lagos State C of O -- dual verification for maximum security
- Status: Bare land, ready for landmark development
- Structure: Joint Venture partnership invited
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Key Highlights
- Prime Awolowo Road Frontage -- One of Ikoyi's most prestigious commercial and residential corridors
- Dual Title Security -- Both Federal and Lagos State C of O ensure unquestionable ownership
- Joint Venture Opportunity -- Landowner seeks credible development partner
- High-Value Location -- Awolowo Road commands premium commercial and residential rates
- Ready for Immediate Development -- No encumbrances, all approvals obtainable
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️ Development Potential
- Luxury Mixed-Use Complex (Retail + Offices + Residences)
- High-Rise Corporate Headquarters
- Boutique Hotel & Serviced Apartments
- Premium Office Tower
- Diplomatic or International Business Center
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Location Benefits
- Awolowo Road, Ikoyi -- Address of prestige, visibility, and accessibility
- Proximity to Key Destinations -- Close to Falomo, Bourdillon, and Victoria Island
- High Traffic & Visibility -- Major thoroughfare with strong commercial appeal
- Established Neighborhood -- Surrounded by embassies, corporates, and upscale residences
- Strong Demand -- Commercial and residential spaces in Ikoyi enjoy high occupancy
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Joint Venture Structure Sought
- Landowner Contribution: Land with dual C of O
- Developer Contribution: Construction funding, project management, and marketing
- Profit Sharing: To be negotiated based on equity and contribution
- Ideal Partner: Experienced developer with strong financial capacity and a track record in high-end projects
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Investment & Valuation
- Land Value: ₦2M/SQM
- Total Land Worth: ₦5.932 Billion
- Development Budget: Subject to project scope and design
- ROI Potential: Prime Ikoyi developments yield premium returns on sales and rentals
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Target Partners
- Real Estate Development Companies
- Construction Conglomerates
- Institutional Investors
- High-Net-Worth Investor Groups
- International Brands seeking flagship presence in Lagos
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Next Steps for Interested Partners
- Submit company profile and project portfolio
- Site inspection and title verification
- Preliminary development proposal
- Joint venture term negotiation
This is a rare opportunity to co-create a landmark development on one of Ikoyi's most prestigious roads.
Serious, capable partners only.
| Property Ref: 3243195 | Last Updated: 08 Dec 2025 | Market Status: Available |
| Type: Residential Land |
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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